Lagos state governor, Mr. Akinwunmi Ambode, has approved payment of N30,000 as monthly stipends to Ready.Set.Work (RSW) interns who have been placed in various organisations for six-month paid internship.
The governor also approved N8 million in seed funding for the top five winners of the RSW Business Pitch Competition, whose businesses will be placed in incubation, while the beneficiaries will commence their internship and incubation, respectively on March 1.
Special Adviser to the Governor on Education, Mr. Obafela Bank-Olemoh, in a statement yesterday said the interns were part of the 2,000 final year students from six tertiary institutions in the state, who took part in the 2017 edition of the 13-week intensive entrepreneurship and employability training programme.
He said the Ready.Set.Work programme, which held its pilot in 2016 with 500 final year students from three tertiary institutions in Lagos was scaled up in 2017 to 12,000 students from six institutions, including Lagos State University, University of Lagos, Lagos State Polytechnic, Lagos State College of Health Technology, Adeniran Ogunsanya College of Education, and Michael Otedola College of Primary Education.
He also disclosed that preparation for Ready.Set.Work 2018 has commenced, adding that the programme would be expanded to train 25,000 while 5,000 final year students would participate in the 13-week face-to-face classes and that 20,000 students in their penultimate year would take part in the RSW Online Academy.
Besides, Bank-Olemoh said the programme was also increasing the number of participating schools to accommodate more students in the programme, among which are Yaba College of Technology, Federal College of Education (Technical) and a private institution, Caleb University.
The special adviser added that the inclusion of new schools was in line with Governor Ambode’s commitment to ensuring that every student that graduates from any tertiary institution in Lagos State is prepared for the world of work as an employer of labour or a value-adding employee.